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How to start a parking lot business
1. HOW TO START A
PARKING LOT
BUSINESS?
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2.
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4. Why Start a Valet Parking Business?
If you are looking for a business to venture into as an
entrepreneur and you know that you have an interest in
the automobile industry, then you should consider
starting your own valet parking business.
As long as people still drive cars and other vehicles on
our roads, valet parking services will continue to be in
demand. Valet parking business is indeed profitable
because there are public facilities where it is difficult to
find parking space except with the aid of a valet.
5.
6. Business in India
Many people who have open plots near
the famous temples, are minting
money using their open plot as a
parking lot. Prepaid parking costs Rs.
50 for the vehicle to the vehicle owner
and pay only one security guard to the
plot owner. At least 50 cars are parked
on these parking lots at any time.
Parking lot can be up to 2 km from the
tourist area. A daily income of 500
cars per 2 acres will be about
Rs.25,000/-. If the open plot is located
near the famous temple in a small
town, the cost of the plot can not even
exceed 10 lacs. No other investment
can give a better return than this.
Chennai
8. The multi-level car parking facility at the
Thiruvananthapuram
Corporation office, which can accommodate
more than 100 cars
9. GOVERNMENT OF INDIA
SUPPORT
THE CENTRAL GOVERNMENT ’S ATAL MISSION
FOR REJUVENATION AND URBAN
TRANSFORMATION (AMRUT) SCHEME
Executed under the Central government’s Atal Mission for
Rejuvenation and Urban Transformation (AMRUT) scheme,
the parking lot was completed at a cost of ₹5.64 crore. Out
of this, 50% of the cost was borne by the city
THIRUVANANTHAPURAM Corporation, 30% by the Central
government, and 20% by the Kerala State government.
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Questions?
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